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SKS Technologies: Completes APEC purchase

  • SKS Technologies (SKS) has officially completed the purchase of APEC Technologies Group
  • The company agreed to purchase the technology and product firm earlier this year
  • It issued $1.4 million worth of shares to the vendors at 17.7 cents per share to finalise the purchase
  • SKS says the move aligns with the company’s strategy to grow its capability in the technology sector
  • CEO Matthew Jinks is pleased to have finalised the deal and issue shares to the vendors of APEC
  • On the market today, SKS is in the grey and trading at 25 cents per share
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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